COUNTRY INDEX
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ANGOLA |
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Best Bank: Banco Angolano De Investimentos |
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Best Investment Bank: Standard Chartered Angola |
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Advantageous financial services reforms, abundant natural resources and a young population means there is plenty of potential for long-term economic growth in Angola. The banking sector is dominated by six large lenders, with very little competition from non-bank institutions.
Banco Angolano de Investimentos (BAI) remains Angola’s leading private-sector bank. It has been pursuing a consolidation strategy that is now yielding encouraging results.
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